Nationwide Financial

SEPTEMBER 12, 2022

The curve, however, continues to project cuts to the rate beginning next May, which seems optimistic given the tone of Fed officials and the math around getting inflation back close to their 2% target. The Fed Futures curve embeds an 88% chance of a 0.75% hike later this month, with a peak in the Fed Funds rate at roughly 4% (currently 2.5%).

Retail 52

Retail Math Banking Economics 52

David Nelson

NOVEMBER 20, 2023

Big Tech’s Market Influence Walmart’s Earnings Report as an economic indicator Small Cap Stocks – Is this the beginning of a sustained rally? The biggest concern on the Walmart call was that DEFLATION was going to affect future sales. Do the math. Good news is bad news. Like I said, C-.

Economy 52

Economy Retail Sales Math 52

The Big Picture

MAY 30, 2023

I had an economics lesson, I had a life lesson, I had an epiphany, I had a race relations lesson, I had a self-esteem and confidence lesson. Being broke is economic, but being poor is a disabling frame of mind, a depressed condition of your spirit. It’s home economics class, doesn’t exist anymore. RITHOLTZ: Right.

Banking 143

Banking Economics Economy Business Planning 143

The Big Picture

APRIL 8, 2024

The transcript from this week’s, MiB: Ed Hyman on Using Economic Data Opportunistically , is below. So you have all of this very pragmatic experience as opposed to getting a PhD in economics, which tends to be a little more abstract and academic. I’d been ranked i i back in the seventies, if you can do the math.

Economy 143

Economy Clients Economics Banking 143

The Big Picture

AUGUST 8, 2022

ANAT ADMATI, PROFESSOR OF FIANCE AND ECONOMICS, STANFORD GRADUATE SCHOOL OF BUSINESS: So, my journey starts where I took a lot of math. I was good in math and I love the math. So, I was kind of, in my romantic mind when I was in my early 20s, I was going to take but not give back to math, that kind of thing.

Banking 198

Banking Government Insurance Taxes 198

The Big Picture

AUGUST 23, 2022

in Economics from Chicago and MBA from Stanford. So, I did the math, 20 million times a hundred. So, let me just repeat the math. And so, again, I went through this simple math. Even if you read both of Browder’s books, you will find something to be amazed at. With no further ado, my conversation with Bill Browder.

Government 315

Government Banking Numbers Investing 315

Mr. Money Mustache

MAY 20, 2022

Which has in turn triggered the more skittish stock investors to run for the exits and completely change their view of our economic future, flooding the financial news with red ink and scary headlines. Now that we’ve covered the background, we can get into some better news: This is all a normal, healthy part of the economic cycle.

Marketing 55

Marketing Marketing Retirement Investing 55

Aleph

FEBRUARY 18, 2023

Feb 15, 2023 One of the world’s richest families was thrust into the spotlight by a surprising share sale from one of its own members [link] You need a liquidity plan, akin to what a private real estate fund does. I would rather read than listen, unless I am driving or cutting the yard.

Banking 59

Banking Healthcare Government Budgeting 59

The Big Picture

SEPTEMBER 19, 2023

One, one is true and I’ve always said is that I wanted people to stop, ask if I could doing math. And no one asked me if I can do math anymore with a degree from Booth, particularly in econometrics and statistics. So people really ask you, you take French and can you do math. Two reasons. What, why do we think that is?

Assets 143

Assets Management Portfolio Investing 143

The Big Picture

OCTOBER 3, 2023

 The transcript from this week’s, MiB: Gary Cohn, Director of the National Economic Council, President of Goldman Sachs , is below. Now, there was one really important part of, of that as part of my job training, I was sent to the big sales offices to learn how the product was sold. Your chief economic advisor to the president.

Taxes 271

Taxes Banking Clients Management 271

The Big Picture

SEPTEMBER 12, 2022

KRISTEN BITTERLY MICHELL, HEAD OF NORTH AMERICAN INVESTMENTS, CITI GLOBAL WEALTH: It’s really interesting because I’m not someone that you would think would be the typical profile to end up in capital markets or — or sales and trading. I’m from a — a very small town in the middle of Pennsylvania. I was econ and kind of geeky.

Clients 290

Clients Wealth Management Investing Investments 290

The Big Picture

SEPTEMBER 19, 2022

You graduate Harvard in 1990, with an Economics and Computer Science degree, perfect for the explosion of the Internet; a PhD from MIT and Information Technology in ‘96. WENGER: Well, I was basically hanging out at the USV offices after the sale of del.icio.us And I’ve been investing in a lot of computer companies over the years.

Valuation 296

Valuation Investing Investments Engineering 296

The Big Picture

MAY 21, 2024

I’m kind of in intrigued by the idea of philosophy and math. So I found myself getting kind of bored with my math problem sets, and then I could shift to philosophy and then go back and forth. With 83% of the s and p 500 reporting earnings sales are roughly in line. What was the career plan?

Numbers 143

Numbers Management Banking Marketing 143

The Big Picture

MARCH 12, 2024

So in this, in this context of, of a mortgage now being clear to everyone that this default risk is present, it’s real, and it’s hard to price because following the borrower’s economic profile, there, there are defaults that are related to just life events, but there’s also defaults related to a macroeconomic event.

Banking 143

Banking Investing Investments Marketing 143

The Big Picture

JANUARY 24, 2023

STEVEN KLINSKY, FOUNDER, CEO AND MANAGING DIRECTOR, NEW MOUNTAIN CAPITAL: I come from the Detroit area of Michigan as a public school kid, went to University of Michigan and studied both economics and philosophy. RITHOLTZ: So it’s different math then I need 100x winner versus 99? KLINSKY: Well, thank you. KLINSKY: Yeah.

Investing 259

Investing Investments Numbers Banking 259

The Big Picture

DECEMBER 12, 2023

And I was a math nerd as a kid. It turned out that they were cheating the government and that there were some accounting restatements necessary and there weren’t really good financials and the assets were growing faster than the sales. Walmart, which runs a tight ship, has sg and a to sales, I think of about 20%.

Management 259

Management Investing Investments Retail 259

Good Financial Cents

APRIL 19, 2023

Building multiple passive income streams has an additional benefit in the short term: it can make you more resilient and better able to weather economic shocks, such as what was experienced with the past housing crisis and global pandemic. Roofstock is a marketplace of turnkey single-family homes for sale. This is your nest egg.

Accounting 105

Accounting Investing Investments Media 105

The Big Picture

AUGUST 29, 2023

I did an internship in the summer at Citibank Securities in fixed income sales and trading. But the reason I went to Merrill is because they had this unique global debt rotation program that allowed you to rotate through a couple different business units in fixed income, sales and trading. And I knew I wanted to do trading.

Portfolio 130

Portfolio Investing Investments Numbers 130

Clever Girl Finance

OCTOBER 30, 2023

The one thing they all look for is an on-target web experience that speaks well to their target audience and results in the conversions, subscribers, or sales they are looking to achieve. You want to help the company make sales so it’s best if you are good with details and like to get results. Average salary: $67,800 as a freelancer.

Recruitment 52

Recruitment Engineering Certification Communication 52

The Big Picture

MAY 2, 2023

RITHOLTZ: So wait, you’re, I’m trying to do the math, if you were 24 in ‘08, so you got this watch in 2000, 99? region was well on its way to becoming the biggest site for any sales for Louis Vuitton. ANNOUNCER: Geopolitical risk, changing regulation, economic uncertainty, EY can help you identify the risks that matter.

Retail 164

Retail Insurance Advertising Numbers 164

The Big Picture

NOVEMBER 21, 2023

Sales centers are, are more productive. So here’s the math, Barry. If you have seven $50 incremental year, then every 10 year old in America, when they enter into the fifth or sixth grade and the teacher says, Hey, today we’re gonna talk about math or compounding or stocks or capitalism, they’ll say, open up.

Investing 246

Investing Investments Startup Accounting 246

The Big Picture

MARCH 21, 2023

RITHOLTZ: So it can be price-to-sales — RITHOLTZ: Yeah. They grew more in terms of earnings, sales, cash flows. But plenty of valuation measures, it has no applicability for price-to-sales. My mom was a math teacher so — RITHOLTZ: Okay. It’s basically price divided by any reasonable fundamental.

Valuation 164

Valuation Investing Investments Numbers 164

The Big Picture

JULY 19, 2022

And when I was studying in university economics, I did not really get the passion. Michael Lewis’ Liar’s Poker’s good guys was one of my sales contacts there. And so, it’s very sort of, I don’t know, math oriented or algebra-oriented type of thing as opposed to great stories which drive most investment passions.

Investing 130

Investing Investments Valuation Portfolio 130

Brown Advisory

AUGUST 1, 2018

political and economic system, wondered if the divisions among people had grown in the last 50 years and if Buffett had any words of wisdom to help narrow the political divide. Buffett likes Tim Sloan, who became CEO at Wells after the sales incentive revelations in 2016, and his efforts to fix those past mistakes.

Assets 52

Assets Investing Investments Insurance 52

Brown Advisory

AUGUST 1, 2018

political and economic system, wondered if the divisions among people had grown in the last 50 years and if Buffett had any words of wisdom to help narrow the political divide. Buffett likes Tim Sloan, who became CEO at Wells after the sales incentive revelations in 2016, and his efforts to fix those past mistakes.

Assets 52

Assets Investing Investments Insurance 52

The Big Picture

OCTOBER 31, 2022

RITHOLTZ: But in reality, any day you want to put your house up for sale, you might get a different price then — SIEGEL: If you — I mean, you know, if times are bad and then you say, “I got to sell it the next five minutes,” you don’t want to look at that price. SIEGEL: Every second. Yeah, exactly. SIEGEL: Exactly.

Numbers 143

Numbers Investing Investments Marketing 143

The Big Picture

JULY 4, 2023

.” It’s really helpful to have had five other meetings with people who sit at analogous funds that had losses that were just as big, and in fact, they may have contributed to those losses more and be able to tell him, first off, your fund, just by my math, has a $250 million management fee. They don’t need to transact.

Management 143

Management Recruitment Numbers Banking 143

The Big Picture

FEBRUARY 13, 2023

And then somebody convinced me to go into sales and trading, and I decided to do that. RIEDER: And all of a sudden, you change the economic paradigm so darn fast. How are we doing in literacy versus math versus science? And actually, I was going to go and do something different. And you know, I love markets. RIEDER: Yeah.

Economy 143

Economy Numbers Portfolio Marketing 143